133 Lata Ter

Description

Located at 133 Lata Terrace in Milledgeville, Georgia, this fully renovated 3-bedroom, 2-bathroom manufactured home presents an excellent turnkey investment opportunity. Extensively updated in 2025, the property features a brand new kitchen with new appliances, updated bathroom improvements, fresh interior paint, & new flooring throughout, creating a modern & inviting living space. The home is serviced by city water & sewer, providing dependable utility infrastructure & added convenience for tenants. A significant advantage for investors is the existing lease in place through March 2027, generating $1,400 per month in rental income & offering immediate, stable cash flow from day one. For investors seeking to expand their holdings, an additional portfolio opportunity is available nearby. The property at 108 Lata Terrace, consisting of two duplexes & three single-family homes, is also available for purchase, offering the potential to acquire multiple income-producing assets within the same area. Whether you're looking to add a single turnkey rental to your portfolio or pursue a larger investment package, 133 Lata Terrace offers the combination of recent renovations, reliable utilities, & stable long-term income.